New Jersey S1441 allows municipalities to transfer inactive alcoholic beverage retail licenses for redevelopment areas and convert certain licenses.
New Jersey S1441 establishes procedures for transferring inactive alcoholic beverage retail licenses between municipalities for use in redevelopment areas. It allows the transfer of plenary retail distribution licenses to receiving municipalities for economic redevelopment plans or areas. Inactive plenary retail consumption licenses can be transferred to contiguous municipalities for redevelopment purposes. Licenses not actively used within two years expire.
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